AGX - Argan: Why I'm Still Holding - And I'm Not The Only One
The Business
Argan (AGX) is a holding company that operates through its four subsidiaries:
- Gemma Power Systems, LLC and its affiliates provide 89% of the company’s revenues. It is a full-service designer and builder of large-scale energy projects.
- Atlantic Projects Company and its affiliates is an Irish company acquired in 2015, giving Argan an international presence. Atlantic Projects provides turbine, boiler, and large rotating equipment installation, commissioning, and outage services. It has completed projects in thirty countries on six continents.
- The Roberts Company and its affiliates was also acquired in 2015. It is